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I'm absolutely sure that lolicon art has saved more children from sexual abuse than any other human creation except for the law and probably religious beliefs.
But also, loli art must have also made several people develop unhealthy obsessions or exacerbated already existing fixations so they would become willing to sexually assault minors. Fortunately, only a fraction of those who get twisted to the point of being willing to do such a thing will actually do it.
But if you add and substract, I think loli art does more good than harm.
Should we ban it and see?